Assessing China's Soft Power Diplomacy and Its Implications on Asia

Total Page:16

File Type:pdf, Size:1020Kb

Assessing China's Soft Power Diplomacy and Its Implications on Asia Assessing China’s Soft Power Diplomacy and its Implications on Asia Cooperation By Zhou Ying Introduction China‟s influence in Asia has increased remarkably over the past decade. This can account for various China threat theories and the argument of China Rising in academic narratives. Analysis and debates concerning China‟s rise is focused almost entirely on the economic and military aspects of its growing power. Yet soft power is increasingly recognized as the essential components of Great Power status. Some scholars point out that besides increase in its steaming economic growth and military strengthening, the reinforcing of China‟s soft power has been crucial in expanding the country‟s regional influence. During the last decade, not only have Chinese media and scholars increasingly paid more attention to the development and wielding of China‟s soft power, but also Beijing has adopted more and more soft power-based foreign policies. With the continued momentum of China‟s rapid economic growth and China‟s ever-increasing influence in the world, the inevitable question is how has China developed its own soft power resources and wield them in its foreign relations? Is there any intricate connection between Chinese idea of soft power and its power behavior? And if China‟s soft power really rising in Asia as a lot of analysts argued? This elicited a lot of discourses within and without about China‟s intentions with its soft power diplomacy. First is the power balance discourse. It is often interpreted in this school of thought that China seeks to shape the region‟s emerging political-institutional contours and to encourage movement toward an “East Asian Community” in order to balance the declining influence of the Unite States. They think that China is using its soft tools to balance the influense of outside player, especially the US. As they argued, China appears to be using its soft power to incrementally push Japan, Taiwan, and even the Unite States out of regional influence. 1 The second is the regional hegemony discourse. This school of thought mainly argue that China‟s soft power is uniform to its grand stategy. In Asia, it means to seek for the leadership and the dominant role, holding its regional hegemony. China is no longer a “clumsy elephant” to its Southeast neighbors, but an “agile dragon” in the quest for restoring its regional hegemony. Soft power is imperative to play a hegemonic leadership role in shaping policies in the region. 2 China is determined to 1 David Shambaugh, Focus on China: China‟s New Diplomacy in Asia. Foreign Service Journal, May 2005. David Shambaugh, China Engages: Reshaping the Regional Order, international security, vol.29.no, 3, 2004. Joshua Kurlantzick: China‟s charm: implications of Chinese Soft Power, Policy Brief of Carnegie Endowment for international peace, Washington, no.47, June 2006. Chien-Peng Chung: China‟s approach to the institutionalization of regional multilateralism, Journal of Comteporary China (2008), 17(57), November, 747-764. Denise E. Zheng: China s use of soft power in developing world: strategic intentions and implications for the United State. See Implications for the United States------competition and cooperation in the developing world. A Report of the CSIS Smart Power Initiative. edited by Carola McGiffert, Center for Strategic & International Studies. March 2009. 2 H.H.Michael Hsiao and Alan Yang: Soft Power Politics in the Asia Pacific, Chinese and Japanese Quests for Regional Leadership, Japan Focus. And Transformation in China‟s Soft Power toward ASEAN. From China Brief, Volume VIII, Issue 22, November 24, 2008.Bates Gill and Yanzhong Huang: Sources and Limits of Chinese „soft power‟, Survival, Vol.48 No.2 Summer 2006, pp1.7-36. Johannes Dragsbaek Schmid, China s soft power diplomacy in Southeast Asia, translated by Yin Jiwu, guowai lilun dongtai, 2009, 3. Meng Honghua: Report on the Analysis of China‟s Soft Power, part 2, Intenational observes, Guoji Guancha, International Observer, 2007, no.3. Joel Wuthnow: the concept of soft power in China s Strategic Discourse, Issues and Studies 44, no.2 (June 2008): 1 demonstrate its commitment to a peaceful foreign policy as an important contributor to its further economic development and regional leadership. The third is image-building discourse. In recent years, the perception of the China threat, along with China‟s series of domestic dilemmas become the main obstacles for China to project its national image. Hence, many scholars think that China call for a good world image through its soft power diplomacy. 3 The fourth is the discourse of reducing China threat and legitimatizing China rising. Chinese strategists have awared that China‟s economic and military rise has been perceived as a threat by the external world, especially those with significant strategic interest in Aisa. Then, these scholars explain, “China hopes that, through soft power, it can achieve its most important goals, which are, at a regional and global level, to mitigate the “China threat theory”, earn the understanding of the international comminity, and garner support for China‟s peaceful development.” 4 The fifth is hard power limits discourse. This school of thoughts claims that at present, China possesses few, if any, forward-deployed military forces in Southeast and South Asia. Hard power resources alone would be insufficient for China to reach the level of a global power. China‟s capacity to shape events in this region (Asia) through coercion or military-to-military contacts remains limited. In this situation, soft power will serve as an alternative. 5 The sixth is geopolitics discourse. This school states that China‟s fundamental interests lie in Asia. This makes China place more weights in this area. They think China used soft power diplomacy in Asia region in order to allay suspicions in Asian countries what wary of its great power ambitions and foster perceptions that the nation‟s return to the nautical arena. 6 The finally is the national interests-oriented discourse. 7 It is commonly 1-28. Implications for the United States------competition and cooperation in the developing world. A report of the CSIS Smart Power Initiative. edited by Carola McGiffert, Center for Strategic & International Studies. March 2009.Li Xing& Zhang Shengjun: China and Regional Integration in East Asia: Opportunities, Constraints and Challenges, CCIS (Centre for Comparative Integration Studies) Research Series Working Paper No.9.ISSN: 1902-9718. Gary D. Rawnsley.. A Survey of China‟s Public Diplomacy, May 12, 2007. 3 C.F. Bergsten, C Freeman, N. lardy, D. Mitchell: Soft Power in China‟s Foreign Policy, from People‟s Daily Online, http://englishpeopledaily.com.cn/, February 05, 2009. Ingrid d Hooghe, the Rise of China Public Diplomacy, Netherlands Institution of IR, July 2007. See Lijie: Tisheng ruanshili dui shixian woguo heping jueqi de zuoyong; Guo Shuyong: xin guojizhuyi yu zhongguo ruanshili waijiao; Su Changhe: Zhongguo de Ruanshili; Alastair. Iain. Johnston: Zhongguo Canyu Guoji Tizhi de Ruogan Sikao, shijie jingji yu zhengzhi,1999,7. Xiao Huanrong: China‟s great power responsibility and its regionalism strategy. World Economics and International Politics, 2003(3). 4 Young Nam Cho and Jong Ho Jeong: China Soft Power: discussion, resources, and prospects, Asia Survey, Vol. XLVIII, No.3. May-June 2008. Fang Changping: Zhongmei Ruanshili Bijiao Jiqi dui Zhongguo de Qishi, “A Comparison of Soft Power between China and the US and its Implications for China”, Shijie Jingji Yu Zhengzhi, World Economics and Politics, No.7, 2007. pp.21-27. Sheng Ding: To build a harmonious world: China‟ s soft power wielding in the global south. Journal of Chinese Political Science. Vol.13, No2, 2008. Also see Sheng Ding‟ s PhD thesis: soft power and the Rise of China: an Assessment of China s Soft Power in its Modernization Process. Bonnie S. Glaser and Melissa E. Murphy: Soft power with Chinese characteristics---the ongoing debate. Ma Jianying: guojia jueqi bu ke hu shi de liliang: ruanliliang. Journal of Sheng Yang University, Vol. 18, No.5. 5 Toshi Yoshihara and James R. Holmes: China‟s Energy-Driven Soft Power, Winter, 2008. Bruce A. Elleman, Waves of Hope: The US Navy‟sResponse to the Tsunami in Northern Indonesia (Newport, R.I.: Naval War College Press, Februry 2007),pp. 103-105. 6 Pang Zhongying: Transformation of China‟s Asia Policy: Challenges and Opportunities, http://library.fes.de/pdf-files/bueros/singapur/04601/2007-2/zhongying.pdf. 7 Ma Jianying: guojia jueqi bu ke hu shi de liliang: ruanliliang. Journal of Sheng Yang University, Vol. 18, No.5. Pang Zhongying: China‟s soft power. See Liao Wang (Outlook News Weekly). Ren Xiao: Between Adapting and Shaping: China‟s role in Asian Regional Cooperation, Journal of Contemporary China (2009), 18(59), March, 303-320. Li Mingjiang: China debates soft power, Chinese journal of international politics, Vol. 2, 2008, 287-308. Gao hongqiang : zhongguo muling waijiao zhong ruanyingshili de goujian jiaodu. Esther Pan: China‟s Soft Power Initiative may 18, 2006. Gary D. Rawnsley.. A Survey of China‟s Public Diplomacy, May 12, 2007. 2 believed that Beijing is trying to convince the world of its peaceful intentions, secure the resources it needs to continue its soaring economic growth, and isolate Taiwan. It must be served to the national interests and the basic goals of China‟s foreign policy which is to “preserve China‟s independence, sovereignty and territorial integrity,” and “to create a favorable international environment for China‟s reform and opening up and modernization construction.” 8 Certainly, these discourses can explain China‟s intentions with its soft power in Asia. Also, based on these discussions, a number of observers see China‟s soft power is rising in Asia and other part of the world. 9 This paper examines the recipient of Taiwan‟s response toward China‟s soft power diplomacy in an effect to diagnose if China‟s soft power rising or not in Asia, aiming to clear about the academic dispute.
Recommended publications
  • Chinese Public Diplomacy: the Rise of the Confucius Institute / Falk Hartig
    Chinese Public Diplomacy This book presents the first comprehensive analysis of Confucius Institutes (CIs), situating them as a tool of public diplomacy in the broader context of China’s foreign affairs. The study establishes the concept of public diplomacy as the theoretical framework for analysing CIs. By applying this frame to in- depth case studies of CIs in Europe and Oceania, it provides in-depth knowledge of the structure and organisation of CIs, their activities and audiences, as well as problems, chal- lenges and potentials. In addition to examining CIs as the most prominent and most controversial tool of China’s charm offensive, this book also explains what the structural configuration of these Institutes can tell us about China’s under- standing of and approaches towards public diplomacy. The study demonstrates that, in contrast to their international counterparts, CIs are normally organised as joint ventures between international and Chinese partners in the field of educa- tion or cultural exchange. From this unique setting a more fundamental observa- tion can be made, namely China’s willingness to engage and cooperate with foreigners in the context of public diplomacy. Overall, the author argues that by utilising the current global fascination with Chinese language and culture, the Chinese government has found interested and willing international partners to co- finance the CIs and thus partially fund China’s international charm offensive. This book will be of much interest to students of public diplomacy, Chinese politics, foreign policy and international relations in general. Falk Hartig is a post-doctoral researcher at Goethe University, Frankfurt, Germany, and has a PhD in Media & Communication from Queensland Univer- sity of Technology, Australia.
    [Show full text]
  • Between Scandals & Elections
    Issue Brief June 19, 2019 Between Scandals & Elections: Sino-Austrian Relations in the Era of Sharp Power Following the political storm that left the Austrian coalition government in disarray, foreign investment and political influence campaigns in Europe have again been put under the spotlight. The “Ibiza Affair” scandal has called into question the motivation behind agreements and deals struck during the time Sebastian Kurz was in office, particularly with Russian and Chinese firms. Looking through the lens of the Austria case, this issue brief seeks to explore the strategic thinking behind Beijing’s engagement with Europe, analyzing how private firms and states can capitalize upon split factions within EU politics, especially through populist parties which do not hold established liberal norms in high regard. Introduction the FPÖ is in government, the party would be favorably Li Zhanshu, the Chairman of the Standing Committee inclined towards awarding public tenders to companies of China’s National People’s Congress (NPC) and the tied to business interests aligned with the alleged Russian country’s top legislator, visited Austria in May 2019 oligarch. In effect, this was claiming that no future contract during his tour through Europe. Arriving May 18, Li would be awarded to the influential Austrian construction was just in time to observe first-hand the political storm company Strabag SE, thereby leading to significant that swept away the coalition government of Chancellor infrastructural changes and pave the way for a “Strabag- Sebastian Kurz. Though undoubtedly a coincidence, the like company” to be awarded Austrian public money. timing of China’s number three’s visit to Vienna serves to Considering the importance of infrastructure projects for highlight some of the facets of Sino-European relations.
    [Show full text]
  • China's Soft Power in Europe
    China’s Soft Power in Europe Falling on Hard Times Edited by: Ties Dams, Xiaoxue Martin and Vera Kranenburg Peer reviews by: Richard Turcsanyi, Plamen Tonchev, Tim Summers, John Seaman, Tim Rühlig, Miguel Otero-Iglesias, Iulia Monica Oehler-Sincai ’ A Report by the European Think-tank Network on China (ETNC) April 2021 China’s Soft Power in Europe Falling on Hard Times Edited by: Ties Dams Xiaoxue Martin Vera Kranenburg Peer reviews by: Richard Turcsanyi Plamen Tonchev Tim Summers John Seaman Tim Rühlig Miguel Otero-Iglesias Iulia Monica Oehler-Șincai A report by the European Think-tank Network on China (ETNC) April 2021 April 2021 All rights reserved © The Netherlands Institute of International Relations, ‘Clingendael’ Cover photo: © Ai Weiwei Exhibition, Istanbul, Turkey 13 September, 2017: The first solo exhibition in Turkey of work by Ai Weiwei, one of the most influential figures of contemporary art, has opened at SSM / Shutterstock. Unauthorized use of any materials violates copyright, trademark and / or other laws. Should a user download material from the website or any other source related to the Netherlands Institute of International Relations ‘Clingendael’, or the Clingendael Institute, for personal or non-commercial use, the user must retain all copyright, trademark or other similar notices contained in the original material or on any copies of this material. Important Disclaimer The views presented in ETNC reports are the sole responsibility of the signed authors and do not in any way represent the views of all members of ETNC,
    [Show full text]
  • Rising Soft Powers: China
    Rising Soft Powers CHINA All of the articles in this work originally appeared on the CPD website. All of the photographs in this work, unless noted otherwise, are by César Corona. USC Center on Public Diplomacy 3502 Watt Way, Suites 232-234 Los Angeles, CA 90089 P: 213.821.2078 F: 213.821.0774 E: [email protected] Visit uscpublicdiplomacy.org © 2015 Contents Director’s Dispatches The U.S.-China Relationship 1 Public Diplomacy with Chinese Characteristics 4 China’s First Lady 5 Mr. Xi Comes to America’s Heartland 7 Advertising China 9 Features Confucius Institutes and Soft Power 11 Media Diplomacy and U.S.-China Military-to-Military Cooperation 21 Q&A with CPD Zhao Qizheng 47 Confucius Institute Director-General Xu Lin 51 Essays Networks and Partnerships within U.S.-China Public Diplomacy 54 The Latest Round of China’s Panda Diplomacy 59 The Use of Film for Public Diplomacy 63 Spotlight Why Is Jon Stewart Popular in China? 70 Photo Gallery: Expo Shanghai 2010 75 Viewpoints The First Soft-Power Superpower 78 A Cautionary Tale of Soft Power Promotion 80 When the “Sleeping Dragon” Dreams 83 Looking for God at the Shanghai Expo 87 Urbanizing China-EU Relations? 91 China and India: Translating Public Diplomacy into Soft Power 93 Exporting Chinese “Culture” 96 Beijing Film Festival 98 Items & Ideas 100 MPD in China 2013: The Four Schools of Chinese PD 100 Director’s Dispatches Jian (Jay) Wang, director of the USC Center on Public Diplomacy, writes frequently about China’s rise and its soft-power implications.
    [Show full text]
  • Chinese Soft Power in France. Panda Diplomacy
    Chinese Soft Power in France. Panda Diplomacy Ekaterina Nekhay Master’s thesis Intercultural Encounters Transnational Interactions and Globalisation & Communication and Media Faculty of Arts University of Helsinki April 2021 Tiedekunta – Fakultet – Faculty Koulutusohjelma – Utbildningsprogram – Degree Programme Faculty of Arts Intercultural Encounters Opintosuunta – Studieinriktning – Study Track Humanities Track Tekijä – Författare – Author Ekaterina Nekhay Työn nimi – Arbetets titel – Title Chinese Soft Power in France. Panda Diplomacy Työn laji – Arbetets art – Level Aika – Datum – Month and year Sivumäärä– Sidoantal – Number of pages Master’s Thesis 04.2021 45+1 Tiivistelmä – Referat – Abstract The objective of the study was to shed light on the Chinese soft power in France, and, in particular, on such a political tool as panda diplomacy. In the following thesis I am answering the research questions of the role the soft power is playing in the Chinese foreign policy aimed at France, what is its image in the news outlets and among readers of those articles, and how and when panda diplomacy is carried out. As the following thesis deals with the role of Chinese soft power in France, the information about the emergence and meaning of the term “soft power” is provided to the reader for a better understanding of the content. Moreover, the theoretical background of the concept of panda diplomacy itself, the development of the concept of “soft power” in China, the France-China Relationship, and the position of Chinese soft power in the world are presented in the paper. For the research, the articles and readers’ comments retrieved from 3 different politically orientated news outlets (Le Monde, France 24, and Le Figaro) were used.
    [Show full text]
  • Issue 22 Global Taiwan Brief Vol 4
    Global Taiwan Brief Vol. 4, Issue 22 Global Taiwan Brief Vol 4. Issue1 22 Fortnightly Review Russell Hsiao Asia-Pacific Regional Economic Integration and Taiwan’s Exclusion from RCEP I-wei Jennifer Chang The Principal Targets of CCP’s ‘Sharp Power’ Operations Against Taiwan J. Michael Cole An Assessment of the US Free and Open Indo-Pacific Vision for Taiwan Michael Mazza Prague’s Sister City Shift from Beijing to Taipei: An Exception or New Trend? Katherine Schultz Fortnightly Review The Global Taiwan Brief is a By: Russell Hsiao bi-weekly publication released every other Wednesday and pro- Russell Hsiao is the executive director of the Global Taiwan Institute (GTI) and editor-in-chief of the vides insight into the latest news Global Taiwan Brief. on Taiwan. China Amplifies “Soft-Hard” Strategy with Additional 26 Preferential Economic Measures as- Tai Editor-in-Chief wan Elections Loom Russell Hsiao Staff Editor On November 4, the Taiwan Affairs Office (TAO) of the Chinese party-state—the organ Katherine Schultz responsible for implementing the Chinese Communist Party’s (CPP) policy towards Tai- wan—announced a raft of26 measures (26條措施) to attract businesses and persons in The views and opinions expressed in these articles are those of the the island-democracy to China. These preferential economic measures, which follow a authors and do not necessarily re- tranche of 31 similar measures announced back in February 2018, are intended to entice flect the official policy or position people and businesses on the island to live, work, and do business essentially as Chinese of the Global Taiwan Institute.
    [Show full text]
  • Panda Diplomacy: China's Softest Power?
    UNIVERSITY OF INTERNATIONAL RELATIONS 国际关系学院, BEIJING, CHINA AALBORG UNIVERSITY, AALBORG, DENMARK MASTER THESIS SUPERVISOR A: QIU YUHUI SUPERVISOR B: ANE BISLEV MAY 15TH 2020 PANDA DIPLOMACY: CHINA’S SOFTEST POWER? HOW DOES CHINA UTILIZE THE GIANT PANDA IN ITS PUBLIC DIPLOMACY? EMMA HYLAND EMAIL: [email protected] M.SC. CHINA AND INTERNATIONAL RELATIONS CHARACTERS WITH SPACES: 150,735 ABSTRACT EMMA HYLAND, “PANDA DIPLOMACY: HOW DOES CHINA UTILIZE T HE GIANT PANDA IN IT S PUBLIC DIPLOMACY?”, MSC CHINA AND INTERNATIONAL RELATIONS, MAY 2020, UNIVERSITY OF INTERNATIONAL RELATIONS & AALBORG UNIVERSITY, BEIJING & AALBORG. The purpose of this thesis is to analyse how China utilizes the giant panda in its public diplomacy through the public diplomacy tool known as “ panda diplomacy”. The thesis analysed panda diplomacy’s role in Chinese public diplomacy through a qualitative multiple-case study based on theories of soft power and public diplomacy, and used data sources such as: news arti cles, academic journals and official statements from Chinese officials where available. The cases chosen for analysis were Denmark, the United States and Japan, due to their ability to provide insights into different aspects of how panda diplomacy is conduc ted. Public diplomacy with Chinese characteristics and a comparison of China’s alternative public diplomacy tools were also analysed in order to interpret how panda diplomacy functions in the Chinese system. Gilboa’s Framework of Analysis was applied to panda diplomacy to further increase understanding of panda diplomacy’s role as a public diplomacy tool. In conclusion, this thesis found that panda diplomacy is a unique public diplomacy tool of China’s that has the ability to communicate Chinese culture to foreign audiences and incentivize positive bilateral behaviour from countries it practices panda diplomacy in.
    [Show full text]
  • Chinese Television As a Medium of National Interpellation: Diasporic Responses to the CCTV Production of the Spring Festival Gala
    Chinese Television as a Medium of National Interpellation: Diasporic Responses to the CCTV Production of the Spring Festival Gala by Yawei Cui A thesis submitted in conformity with the requirements for the degree of Doctor of Philosophy Department of Curriculum, Teaching and Learning Ontario Institute for Studies in Education of the University of Toronto © Copyright by Yawei Cui 2009 Library and Archives Bibliothèque et Canada Archives Canada Published Heritage Direction du Branch Patrimoine de l’édition 395 Wellington Street 395, rue Wellington Ottawa ON K1A 0N4 Ottawa ON K1A 0N4 Canada Canada Your file Votre référence ISBN: 978-0-494-60941-5 Our file Notre référence ISBN: 978-0-494-60941-5 NOTICE: AVIS: The author has granted a non- L’auteur a accordé une licence non exclusive exclusive license allowing Library and permettant à la Bibliothèque et Archives Archives Canada to reproduce, Canada de reproduire, publier, archiver, publish, archive, preserve, conserve, sauvegarder, conserver, transmettre au public communicate to the public by par télécommunication ou par l’Internet, prêter, telecommunication or on the Internet, distribuer et vendre des thèses partout dans le loan, distribute and sell theses monde, à des fins commerciales ou autres, sur worldwide, for commercial or non- support microforme, papier, électronique et/ou commercial purposes, in microform, autres formats. paper, electronic and/or any other formats. The author retains copyright L’auteur conserve la propriété du droit d’auteur ownership and moral rights in this et des droits moraux qui protège cette thèse. Ni thesis. Neither the thesis nor la thèse ni des extraits substantiels de celle-ci substantial extracts from it may be ne doivent être imprimés ou autrement printed or otherwise reproduced reproduits sans son autorisation.
    [Show full text]
  • R E C O M M E N D E D R E a D I
    RECOMMENDED READING General: Diplomacy and Public Diplomacy Cooper, Andrew F., Brian Hocking, and William H. Maley (eds), Global Governance and Diplomacy: Worlds Apart? (Basingstoke: Palgrave Macmillan, 2008). Cooper, Andrew F., Jorge Heine, and Ramesh Thakur (eds), The Oxford Handbook of Modern Diplomacy (Oxford: Oxford University Press, 2013). Cowan, Geoffrey and Nicholas Cull (eds), Special Issue: Public Diplomacy in a Changing World. Annals of the American Academy of Political and Social Science , no. 616.1 (2008). Hocking, Brian, Jan Melissen, Shaun Riordan, and Paul Sharp, “Integrative Diplomacy for the 21st Century”, China International Strategy Review (Beijing: Foreign Languages Press, 2013), pp. 53–88. Kerr, Pauline and Geoffrey Wiseman (eds), Diplomacy in a Globalizing World: Theories and Practices (New York: Oxford University Press, 2012). Melissen, Jan (ed.), The New Public Diplomacy: Soft Power in International Relations (Basingstoke: Palgrave Macmillan, 2005). Regionalization and Regionalism Goldstein, Avery and Edward Mansfield (eds), The Nexus of Economics, Security and International Relations in East Asia (Stanford, CA: Stanford University Press, 2012). Katzenstein, P. J. and T. Shiraishi (eds), Network Power: Japan and Asia (Ithaca, NY: Cornell University Press, 1997). Pempel, T. J. (ed.), Remapping East Asia: The Construction of a Region (Ithaca, NY: Cornell University Press, 2005). Ravenhill, John, “The New East Asian Regionalism: A Political Domino Effect,” Review of International Political Economy , vol. 17, no. 2 (2010). Sohn, Yul, “The Role of South Korea in the Making of a Regional Trade Architecture: Convening, Bridging and Designing FTA Networks,” EAI MPDI Working Paper (November 2014). 254 Recommended Reading Soft Power and Middle Powers Cooper, Andrew F. and Jongryn Mo, “Middle Power Leadership and the Evolution of the G20,” Global Summitry Journal , at http://globalsummitry.org/gsj/vol1 /iss1/5/ .
    [Show full text]
  • China's Pivot to Sustainability
    China’s Pivot to Sustainability And the Capital Market Opportunity Author: Guagua Bo | December 2020 China’s new long-term development plan, set to be ratified in early 2021, Contents has placed sustainability in the centre seat. It was heralded by the I. China’s Structural Shift government’s recent pledge to achieve carbon neutrality by 2060 and Toward Sustainability represents a doubling down of the economy’s shifting priority from 2 Growth and sustainability: “growth” to “quality”. The spotlight on sustainability is expected to alter from contest to synergy market fundamentals, leading to new opportunities and pitfalls in the 3 The rise of sustainable capital market. The purpose of this paper is to synthesise a high- consumption conviction view on this transformation. 5 A green supply-side Key takeaways: 8 The intersection of strategic interests ▪ Section I. China’s structural shift toward sustainability. The shift to sustainability and sustainable growth is a logical policy choice supported II. Market Poised for by changes in China’s economic structure, demand-side tastes, and Change strategic needs. The twin pillars of growth under China’s new “normal” – 10 The development of ESG domestic consumption and investments in innovation – are both disclosures and ratings synergistic with sustainability. On the demand-side, there is growing 13 Maturing regulations importance of a younger and wealthier middle class, who are broadly 14 State-led market evolution “green consumers”. Strategically, sustainability is a key domestic social 16 Corporate incentives for issue and a new frontier for China’s soft-power engagement abroad. ESG ▪ Section II. Market poised for change.
    [Show full text]
  • Panda Diplomacy
    Panda diplomacy Literally soft power? Stina Hinderson Bachelor’s thesis Lund University Political Science Department of Political Science Supervisor: Erik Ringmar Abstract This thesis focuses on panda diplomacy as a part of Chinese interest in soft power and its public diplomacy. The main purpose is to examine the role of the panda in Chinese foreign affairs. A previous research chapter is mapped out to understand the domestic discussion on soft power and the state of public diplomacy in Chinese foreign affairs. Pandas and the concept of panda diplomacy is then examined from an empirical perspective in different ways they are being used, concluding that pandas and their popularity makes them a unique and powerful source of soft power. Panda diplomacy is further analyzed in three different contexts: Nordic countries, in the US and Japan, and in Taiwan, the conclusion is that countries must both have a good relationship with China and be of economic interest. In the analysis, the previous chapters are analyzed from Gilboa’s framework for analyzing public diplomacy. Concluding that the uniqueness and strongly emphasized ties to China makes it an effective measure of drawing attention from other domestic issues, as well as generally being a good way of engaging the public which thereby makes it a useful and utilized tool of public diplomacy. Key words: Panda diplomacy, China, Soft power, public diplomacy, Chinese foreign affairs Words: 8958 Contents 1 Introduction ............................................................................................................
    [Show full text]
  • East Asia's Relations with a Rising China
    EAST ASIA’S RELATIONS WITH A RISING CHINA EAST ASIA’S RELATIONS WITH A RISING CHINA Editor by Konrad Adenauer Foundation EAST ASIA’S RELATIONS WITH A RISING CHINA 007 1. Introduction: China and East Asia’s Mutual Accommodation Lam Peng Er, Narayanan Ganesan and Colin Dürkop 043 2. China’s Accommodative Diplomacy towards East Asia Li Mingjiang 071 3. China’s Image: Citizens in Southeast Asia Viewing a Rising Power Wang Zhengxu and Ying Yang 101 4. North Korea’s Relations with China: From Alignment to Active Independence Kim Sung Chull 145 5. South Korea and the Rise of China: Perception Gap between the Public and Elite Choo Jaewoo 181 6. Japan: What Future with China? Satoh Haruko 217 7. Indonesia-China Relations in the Post-New Order Era Syamsul Hadi 4 EAST ASIA’S RELATIONS WITH A RISING CHINA 243 8. Malaysia-China Relations: Domestic and Structural Imperatives Narayanan Ganesan 277 9. Singapore: Balancing among China and Other Great Powers Lye Lian Fook 325 10. Between the Eagle and the Dragon: Issues and Dilemmas in the Philippine Foreign Policy of“ Equi-balance” Renato Cruz De Castro 365 11. Thailand: Bending with the (Chinese) Wind? Pavin Chachavalpongpun 407 12. Vietnamese Perspective of China’s Rise Khong Thi Binh 445 13. Myanmar’s Relations with China: From Dependence to Interdependence? Tin Maung Maung Than CONTENTS 5 EAST ASIA’S RELATIONS WITH A RISING CHINA CHAPTER ONE INTRODUCTION China and East Asia: Mutual Accommodation Lam Peng Er, Narayanan Ganesan and Colin Dürkop CHAPTER ONE: INTRODUCTION China and East Asia: Mutual Accommodation
    [Show full text]